Middle East becomes second-fastest growing mobile phone market

June 15, 2007 Mobile phone market penetration is an excellent measure of technology uptake in different regions around the world and according to new analysis from Wireless Intelligence the Middle East has surged to become the second-fastest growing mobile phone market in the world. With penetration set to cross the 50% mark, over 150 million handsets in circulation and a 30% growth rate in 2006, the Middle East is now only trailing Africa as the fastest-growing market.

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